ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Financial Sector Reforms

The draft Raghuram Rajan Committee report is neither fiscalist nor does it recommend that the Reserve Bank of India focus only on inflation targeting ignoring macroeconomic variables, as observed by Lekha Chakraborty (June 21, 2008). This comment criticises Chakraborty's views on solution multiplicity, priority sector loan certificates and asymmetric information and related problems in the context of capital account convertibility.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.